Description
GREAT INVESTMENT OPPORTUNITY - RENT STABILIZED-EAST FLATBUSH - BRICK FACADE - 6 FAMILY 1. Income: The total monthly rental income is $8,225. Annually, this amounts to $98,700. 2. Expenses: ? Taxes: $20,000 ? Insurance: $4,200 ? Water: $5,200 ? Electric: $900 ? Gas heat: $6,000 Total expenses amount to $36,300 annually. 3. Net Operating Income (NOI): ? Gross income: $98,700 ? Expenses: $36,300 NOI = Gross Income - Expenses = $98,700 - $36,300 = $62,400 RENTROLL FOR ALL UNITS CURRENT AS OF 4/1/24 UNIT F1-LEASE 6/30/20 $1,956.00 F210/31/24$876.69 F39/30/24$2,251.59 F47/31/25$1,013.45 F511/30/24$1,149.37 F67/31/25$1,087.97 CALL STEVE FOR MORE INFO ! -HEAT AND HOT WATER IS INCLUDED WITH ALL TENANCY . -TENANTS RESPONSIBILITY GAS/ELECTRIC
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14BEDS
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0.07ACRES
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6BATHS
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01/2 BATHS
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5,832SQFT
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$154$/SQFT
School Information
Description
GREAT INVESTMENT OPPORTUNITY - RENT STABILIZED-EAST FLATBUSH - BRICK FACADE - 6 FAMILY 1. Income: The total monthly rental income is $8,225. Annually, this amounts to $98,700. 2. Expenses: ? Taxes: $20,000 ? Insurance: $4,200 ? Water: $5,200 ? Electric: $900 ? Gas heat: $6,000 Total expenses amount to $36,300 annually. 3. Net Operating Income (NOI): ? Gross income: $98,700 ? Expenses: $36,300 NOI = Gross Income - Expenses = $98,700 - $36,300 = $62,400 RENTROLL FOR ALL UNITS CURRENT AS OF 4/1/24 UNIT F1-LEASE 6/30/20 $1,956.00 F210/31/24$876.69 F39/30/24$2,251.59 F47/31/25$1,013.45 F511/30/24$1,149.37 F67/31/25$1,087.97 CALL STEVE FOR MORE INFO ! -HEAT AND HOT WATER IS INCLUDED WITH ALL TENANCY . -TENANTS RESPONSIBILITY GAS/ELECTRIC
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